Access Denied You don’t have permission to access “http://www.business-standard.com/industry/news/ibbi-directive-on-29a-compliance-125111901152_1.html” on this server. Reference #18.d1672817.1763782516.e8ed71e https://errors.edgesuite.net/18.d1672817.1763782516.e8ed71e Read the original article here
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has upheld the Enforcement Directorate’s (ED) provisional attachment of the respondent’s properties and bank accounts made prior to the initiation of insolvency proceedings. The dispute arose from the resolution process of Alchemist Infra Realty Ltd., a real estate company incorporated in 2008. The Enforcement…
The local injustice of bankruptcy: geographical variation in access to debt relief in England Wiley Online Library Read the original article here
The National Company Law Appellate Tribunal (Principal Bench, New Delhi) has admitted a Section 9 application filed by Tremco CPG (India) Private Limited against Brite Proofings Private Limited, leading to the initiation of a Corporate Insolvency Resolution Process (CIRP). The Tribunal held that the Operational Creditor had established the existence of a debt exceeding the…
Winston-Salem/Forsyth County Schools receives major debt relief, opens 40 school positions wfmynews2.com Read the original article here
MUMBAI: Bombay high court on Thursday dismissed as misconceived a husband’s plea to be declared insolvent under the Presidency Towns Insolvency Act of 1909 and also for a stay of a 2021 Mumbai family court order to pay his wife Rs 25,000 per month as maintenance.Justice Jitendra Jain held that seeking a stay of the…
The Insolvency and Bankruptcy Board of India (IBBI) has disposed of a Show Cause Notice (SCN) issued against Insolvency Professional for an alleged conflict of interest, deferring any final action until the National Company Law Tribunal (NCLT) rules on a related application. The Disciplinary Committee (DC) found that while there was a prima facie case…
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